“China drops tariffs on hundreds of Pakistani products as wide-ranging trade agreement takes effect”

“A newly implemented deal between Beijing and Islamabad will eliminate tariffs on hundreds of products, a move which is expected to provide a billion-dollar boost to bilateral trade.

The Free Trade Agreement (FTA)–II, which started on Wednesday, will waive or ease 75 percent of tariffs imposed by each country, over a period of 15 years. Beijing will immediately drop tariffs on more than 300 Pakistani exports, including textiles and garments, seafood and leather…”

https://www.rt.com/business/477245-pakistan-china-trade-deal-fta/

 

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